Axon CFO resigns, Jim Zito interim; raises 2022 rev outlook to $1.05-1.1B

AXON ENTERPRISE, INC.

CFO Jawad Ahsan resigns effective immediately; Jim Zito (SVP Accounting) appointed interim CFO.
2022 revenue guidance raised to $1.05B-$1.1B (25% YoY growth at mid-point), from $1.04B.
2022 Adj. EBITDA guidance raised to $190M-$200M, up from $185M-$195M.
2022 adjusted free cash flow guidance affirmed at $125M-$145M; long-term 20%+ CAGR reaffirmed.
Board launched permanent CFO search; Ahsan available up to two months for transition.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Jawad A. Ahsan

Chief Financial Officer

AXON · AXON ENTERPRISE, INC.

Effective: 2022-05-04
Successor: Jim Zito
Filed: May 4, 2022, 7:59 PM ET

On May 4, 2022, Axon Enterprise, Inc. (the “Company”) announced that Jawad A. Ahsan would be resigning as Chief Financial Officer (“CFO”), effective immediately, to pursue other opportunities.

Appointed (interim)

Jim Zito

Interim Chief Financial Officer

AXON · AXON ENTERPRISE, INC.

Effective: 2022-05-04
Filed: May 4, 2022, 7:59 PM ET

As of the same date, the Company appointed Jim Zito as interim CFO, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jawad A. Ahsan departed as Chief Financial Officer at AXON ENTERPRISE, INC..

Action: resigning
Role: Chief Financial Officer

Exact text from the filing

On May 4, 2022, Axon Enterprise, Inc. (the “Company”) announced that Jawad A. Ahsan would be resigning as Chief Financial Officer (“CFO”), effective immediately, to pursue other opportunities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jim Zito was appointed as Interim Chief Financial Officer at AXON ENTERPRISE, INC..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

As of the same date, the Company appointed Jim Zito as interim CFO, effective immediately.

View on SEC.gov

AXON ENTERPRISE, INC. filing history →

Source: SEC EDGAR

accession 0001069183-22-000010

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